Nov

Expat Daily: Expat Jobs, Expat Insurance

admin Insurance, Jobs, expat health 2009-11-06

Expat Talent Trends

Nearly two-thirds of multinational companies will be keeping or increasing their expat workforce, reports Sibson Consultants. This is good news for those looking for jobs overseas and those expat already working abroad. It was also reported that compensation is likely not to increase, but to stay about the same. Here are some of the their findings: “* 53% of respondents employing expatriates in China/Hong Kong/Taiwan plan to keep their expatriate workforce the same. * Almost all companies that are decreasing their expatriate workforce reported doing so because of high compensation costs. * Replacing expats with local talent was ranked as the top method of reducing costs with 51% of companies saying they intend to increase their investments in local talent.” Read more from Reuters U.S. Army research unit marks four decades in Kenya, Africa - USAMRU-K

The G20 & International Insurance

The international insurance think tank, The Geneva Association, has sent an open letter to the G20 nations to urge them to think carefully regarding healthcare regulation. Their main concerns are consumer protection, stability and the support for a level playing field. For expat living abroad insurance is always a topic whether it be health, life, travel or property insurance. “With regulation and supervision of the financial services sector on the agenda of the G20 meeting taking place in St Andrews, Scotland tomorrow (6 November 2009), The Geneva Association has called on Finance Ministers and Central Bank Governors of the G-20 to recognize the key considerations that must be taken into account in order to realize the most successful and constructive outcome from regulatory and supervisory reform of the financial services industry… With regulation and supervision of the financial services sector on the agenda of the G20 meeting taking place in St Andrews, Scotland tomorrow (6 November 2009), The Geneva Association has called on Finance Ministers and Central Bank Governors of the G-20 to recognize the key considerations that must be taken into account in order to realize the most successful and constructive outcome from regulatory and supervisory reform of the financial services industry.” Read more from Business Wire